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2022
Exports $2.04MWorld Rnk 43 / 175
Flag Rnk 803 / 1213
2022
Destination $309k Namibia
2021 - 2022
FASTEST GROWING MARKET $309kLesotho
2022
PRODUCT COMPLEXITY IN Sound Recording Equipment0.32Rnk 439 / 1025
2022
Imports $15.2MWorld Rnk 35 / 209
Flag Rnk 570 / 1213
2022
Origin $5.77M China
2021 - 2022
FASTEST GROWING ORIGIN $5.77MChina
2022
ECONOMIC COMPLEXITY of South Africa0.076Rnk 59 / 133

About

Exports In 2022, South Africa exported $2.04M in Sound Recording Equipment, making it the 43rd largest exporter of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 803rd most exported product in South Africa. The main destination of Sound Recording Equipment exports from South Africa are: Namibia ($457k), Botswana ($372k), Lesotho ($348k), Malawi ($195k), and Mozambique ($145k).

The fastest growing export markets for Sound Recording Equipment of South Africa between 2021 and 2022 were Lesotho ($309k), Botswana ($234k), and Malawi ($183k).

Imports In 2022, South Africa imported $15.2M in Sound Recording Equipment, becoming the 35th largest importer of Sound Recording Equipment in the world. At the same year, Sound Recording Equipment was the 570th most imported product in South Africa. South Africa imports Sound Recording Equipment primarily from: China ($6.98M), Netherlands ($2.79M), Vietnam ($2.04M), Germany ($1.23M), and United States ($506k).

The fastest growing import markets in Sound Recording Equipment for South Africa between 2021 and 2022 were China ($5.77M), Vietnam ($2.04M), and Germany ($1.15M).

Latest Trends

September 2024

About

Overview In September 2024 South Africa's Sound Recording Equipment exports accounted up to ZAR1.36M and imports accounted up to ZAR14.9M, resulting in a negative trade balance of ZAR13.5M. Between September 2023 and September 2024 the exports of South Africa's   Sound Recording Equipment have increased by ZAR74.3k (5.79%) from ZAR1.28M to ZAR1.36M, while imports decreased by ZAR-4.34M (-22.6%) from ZAR19.2M to ZAR14.9M.

Destinations In September 2024, Sound Recording Equipment were exported mostly to Namibia (ZAR384k), Lesotho (ZAR279k), Botswana (ZAR227k), United States (ZAR145k), and Mauritius (ZAR90.6k), and were imported mostly from Vietnam (ZAR6.94M), China (ZAR5.17M), United Kingdom (ZAR848k), United States (ZAR430k), and France (ZAR401k).

Growth In September 2024, the increase in Sound Recording Equipment's year-by-year exports was explained primarily by an increase in exports to Mozambique (ZAR163k or 768%), Eswatini (ZAR66.4k or 27.1%), and Zimbabwe (ZAR12.9k or 117%). In September 2024, the decrease in Sound Recording Equipment's year-by-year imports was explained primarily by a decrease in imports from United States (ZAR-1.56M or -91.8%), United Kingdom (ZAR-331k or -84.9%), and Austria (ZAR-296k or -99.7%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (September 2023 - September 2024)ZAR74.3k(5.79%)
IMPORT GROWTH (September 2023 - September 2024)ZAR-4.34M(-22.6%)
MAIN EXPORTER (September 2024)O.r. Tambo Int AirportZAR1.23M
MAIN DESTINATION (September 2024)NamibiaZAR384k

This section shows Sound Recording Equipment's exports and imports data at subnational level for South Africa. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Sound Recording Equipment over time.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$2.04M
IMPORTS (2022)$15.2M
NET TRADE (2022)-$13.1M

In 2022, South Africa exported $2.04M in Sound Recording Equipment. The main destinations of South Africa exports on Sound Recording Equipment were Namibia ($457k), Botswana ($372k), Lesotho ($348k), Malawi ($195k), and Mozambique ($145k).

In 2022, South Africa imported $15.2M in Sound Recording Equipment, mainly from China ($6.98M), Netherlands ($2.79M), Vietnam ($2.04M), Germany ($1.23M), and United States ($506k).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Sound Recording Equipment EXPORT MARKETS FOR South Africa WERE (2021 - 2022):
Lesotho$309k (807%)
Botswana$234k (170%)
Malawi$183k (1.65k%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Sound Recording Equipment BY South Africa WERE (2021 - 2022):
France-$17.8k (-100%)
Switzerland-$14.8k (-100%)
Mongolia-$14.6k (-100%)
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Change in Exports by Market (2021 - 2022)

Market Concentration

View
Flow
Type
In 2022, South Africa's main exporting competitors in Sound Recording Equipment were:
China $2.17B
Netherlands $332M
Vietnam $211M
In 2022, South Africa's main importing competitors in Sound Recording Equipment were:
United States $1.01B
Germany $425M
Netherlands $324M

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Trade Value of Sound Recording Equipment by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $88k
TOP IMPORT POTENTIALChina+ $1.81M

Sound Recording Equipment’s highest export potential is United States. With an export gap of $88k.   Sound Recording Equipment’s highest import potential is China with an import gap of $1.81M.

See methodology.

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